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Article: Strikes cause GM to fall to No. 2 in U.S. market share for July

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AP Online
Article date:
August 6, 1998
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BURT HERMAN Associated Press Writer
AP Online
08-06-1998
DETROIT (AP) _ Recent strikes cost General Motors Corp. its No. 1 spot in domestic sales last month, marking the first time Ford Motor Co. came out on top in 28 years.

GM's weak performance pulled down the entire U.S. market, with sales off 9 percent compared with July 1997. The world's largest automaker reported Wednesday that its sales plummeted 39 percent from the year-ago level.

Ford, which reported its results Tuesday, sold 88,673 more cars and light trucks than GM last month. As a result, GM's July market share dropped to 20 percent, compared with the 31 percent it held for the first six months of this year.

Ford ...

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